Brexit: The Consequences for International Tax Planning

Overview


James Ross wrote this bylined article discussing how the Brexit vote will affect such UK corporate tax matters as the Interest and Royalties Directive, cross-border mergers, BEPS-related measures and value-added tax. For most multinationals, Mr. Ross wrote, “the best advice is probably the same as that provided by the famous wartime poster: ’Keep Calm and Carry On.’ While much remains to be resolved about the United Kingdom’s exit from the European Union, what has become clear is that it will not happen quickly.”